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RWH017: Fidelity Legend Joel Tillinghast
We Study Billionaires - The Investor’s Podcast Network
How to Stay Away From Your Own Ignorance
There are whole industries where insurance is difficult because it's a whole series of assumptions and you can generically know whether the assumptions that they're making are conservative, aggressive, or average. So there are parts of insurance that scare me. Biotech to my biologist dad's disappointment because there's so much cool experimentation. It's so hard for me to tell the path of innovation. And sometimes even if it does get approved and goes on the market, the sales will disappoint. But handicapping those odds is beyond my ability.
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